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Select Board begins budget work session; members review forest, education billing and town funds
Summary
The Stamford Select Board opened a detailed budget work session, discussing municipal receipts and line-item estimates including a $43,000 education-billing amount, a land-sale fund around $181,000, and a National Forest payment cited near $33,000.
The Select Board opened a line-by-line budget work session and reviewed receipts and proposed line items for the coming year. The Staff member flagged a National Forest payment that "has come through" and referenced a ~$33,000 figure that will appear once December bookkeeping is balanced. The board discussed whether to move line items for an education-billing fee and how to present that revenue in the budget.
Board members discussed an education billing receipt that was characterized in the meeting as about $43,000 and debated whether to include it as a distinct budget line rather than folding it into the municipal payment. The finance discussion also noted the town's land-sale fund balance described during the meeting as roughly $181,000 and considered interest estimates and how much to draw from reserve funds for capital needs. No final budget was adopted during the session; the board asked staff to refine numbers and return with updated figures.
